Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market-entry, and commercialization.
For the design projects approved for any MSME, 75% (Micro) and 60% (Small & Medium) of the total project cost will be contributed by GoI up to a maximum of Rs. 40 lakh and the remaining project cost will be borne by MSMEs and deposited to the IA.
Under the scheme, if industry supports R&D for development of products that can be commercialized at institution level, then government will also provide financial support that is up to twice the amount provided by industry.
The Nidhi-Prayas Program provides prototype funding to young and aspiring inventors. The Prayas grant helps innovators turn their ideas into a viable product prototype. Any IP developed should belong to the innovator or startup.
Rashtriya Krishi Vikas Yojana (RKVY) - Remunerative Approaches for Agriculture and Allied sector Rejuvenation (RAFTAAR) aims at making farming a remunerative economic activity by strengthening the farmers‟ efforts, risk mitigation and promoting agri-business entrepreneurship.
DRDO scheme is instituted to nurture and harness the research talents available in the country for national defence and security.
The “Biotechnology Ignition Grant Scheme (BIG)” is a flagship scheme of the Biotechnology Industry Research Assistance Council (BIRAC), (a not-for-profit Section 8, Schedule B, Public Sector Enterprise, set up by the Department of Biotechnology (DBT), Government of India), which recognizes and invests in innovative
For the design projects approved for any MSME, 75% (Micro) and 60% (Small & Medium) of the total project cost will be contributed by GoI up to a maximum of Rs. 40 lakh and the remaining project cost will be borne by MSMEs and deposited to the IA.
Under the scheme, if industry supports R&D for development of products that can be commercialized at institution level, then government will also provide financial support that is up to twice the amount provided by industry.